GILD 5M Short CounterTrend Daytrade (Buy Put to Open)5M CounterTrend Trade
- long impulse
+ exhaustion volume
1H CounterTrend
"- long impulse
+ volumed T1
+ resistance zone
+ volumed reaction bar"
1D CounterTrend
"- long impulse
- unvolumed T1
+ resistance level
+ volumed manipulation bar "
1M CounterTrend
"- long impulse
+ volumed T1 level
+ resistance zone"
1Y CounterTrend
"- long impulse
- unvolumed T1
+ resistance zone"
Buyput
ORCL 1H Short Investment Put PurchaseConservative CounterTrend Trade
+ short impulse
+ SOS level
+ resistance level
+ below volume level
Daily CounterTrend
"- long impulse
+ exhaustion volume
- SOS level"
Monthly CounterTrend
"- long impulse
+ resistance zone
+ volumed interaction bar"
Yearly CounterTrend
"- long impulse
- neutral zone
+ impulse potential reached"
B Short 1H Aggressive CounterTrend TradeAggressive CounterTrend Trade
- long impulse
+ biggest volume T1
+ exhaustion volume
+ resistance level
+ biggest volume Ut
+ weak test
- below first bullish bar close entry
Calculated affordable virtual stop loss
1 to 2 R/R take profit
1D CounterTrend
"- long imluse
- neutral zone
- volume distribution long
+ exhaustion volume"
1M CounterTrend
"- long impulse
+ volumed interaction bar"
1Y countertrend
"- long impulse
+ volumed T1 level
+ resistance level"
VIAC looking juicy for a short/putI don't own stock anymore, I, unfortunately, sold once it hit its fair value estimate of $57. If I owned stock I would either sell it or use some of it to sell calls against to take advantage of the inflated options premiums by collecting that weekly as it goes down.
As you can see the separation between the moving averages and the stock price has gotten into nose-bleed territories, the RSI looks grossly overbought for an extended period of time. This party has to come to an end. Not saying this will crash like the overcooked QS did but I would say if you don't have any exposure an in-the-money put option would be nice. ITM put options will have strikes above the current stock price and they have the trade-off of being more expensive but having a higher probability of profit without depending on a severe decline.
Looks to be overbought to an alarming level, look out below.



